Thursday, November 28, 2024

Sandra Nath, Senior Contributor

666 POSTS

Tower Semiconductor’s profit surges as it prepares to sell to Intel

Tower Semiconductor (TSEM.TA) posted a higher-than-expected increase in quarterly earnings on Thursday, just days after Intel Corp announced its intention to acquire the Israeli...

Samsung Electronics unions threaten first-ever strike, impact unclear

If their demands for more compensation and improved working conditions are not met, Samsung Electronics (005930. KS) unionized workers have threatened an unprecedented strike...

Binance tie-up with payments network a concern, says UK watchdog

Despite its concerns about Binance, the UK's financial watchdog ruled on Wednesday that it had too few tools to prevent the cryptocurrency exchange from...

Japan’s Denso to invest in TSMC chip factory in Japan

Denso Corp (6902.T), a Japanese contract chipmaker, has agreed to take a minority position in Taiwan Semiconductor Manufacturing Co's majority-owned manufacturing unit in Japan. TSMC...

EV startups hunt for an edge as big automakers roll out vans and trucks

As conventional automakers prepare to mass-produce electric vans and trucks, startups are more focused than ever on gaining a competitive or technological advantage that...

AMD closes biggest chip acquisition with $49.8 bln purchase of Xilinx

Advanced Micro Devices Inc (AMD)(AMD.O) announced on Monday that it had completed the $49.8 billion acquisition of Xilinx Inc (XLNX.O) in the largest semiconductor...

Most NFT sales have been halted by Marketplace due to “rampant” fakes and plagiarism.

Because people were selling tokens of information that did not belong to them, the platform that sold an NFT of Jack Dorsey's first tweet...

Cisco made $20 billion-plus takeover offer for Splunk -WSJ

The Wall Street Journal reported on Friday that network equipment maker Cisco Systems Inc (CSCO.O) has made a takeover bid for software maker Splunk...

A Chinese manufacturer denies infringing on ASML’s ip rights.

Dongfang Jingyuan Electron, a Chinese company that provides software for chip manufacturing methods, has dismissed accusations of alleged intellectual property theft from Dutch lithography...

Tesla recalls over 500,000 U.S. vehicles to fix pedestrian warning sounds

Tesla Inc (TSLA.O) is recalling 578,607 vehicles in the United States because loud music or other sounds broadcast by its "Boombox" function may prevent...

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